Saturday, January 14, 2017

The best CR 1 Ringgit sold for HKD23000 in Spink

The best Malaysia 1 ringgit CR Prefix signed by Ali Abul Hassan sold for HKD23,000 (RM13,235 without buyer premium) in Spink auction; Banknotes, Bonds & Shares and Coins of China and Hong Kong today.

CR Prefix 1 Ringgit

The most sought-after Malaysian banknote labeled by Spink as "The Famous unissued CR Prefix 1 Ringgit in PMG 68EPQ - The only one so far".

1 ringgit CR

Lot: 4438 Malaysia, 1 ringgit, ND (1999), UNISSUED PREFIX serial number CR7204110, blue and multicolour, T.A. Rahman at right, ascending size of serial number, watermark at left,
(Pick 39a), PMG 68EPQ, Superb Gem Uncirculated, the highest grade in the PMG population report and the ONLY ONE given this grade .

The 1 ringgit CR Prefix signed by Ali Abul Hassan sold in Spink broke the record for the most expensive 1 ringgit CR Prefix signed by Ali Abul Hassan sold in auction. In 2013, a RM1 CR Ali Abul sold for SGD2000 in Mavin International Auction 35.

Rumor has it, the banknote was mistakenly released into public circulation. The RM1 were printed and distributed to local banks for circulation. However, for some unknown reason, the local banks were instructed to immediately return the banknotes. Coincidently, one local bank in Bukit Mertajam released the banknotes to the public as the directive from the Bank Negara did not reach them.
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illegal Investment Company under BNM (updated Jan 2017)

On 9 January 2017, Bank Negara Malaysia (BNM) has released a new update for illegal Investment Company which are neither authorised nor approved under the relevant laws and regulations administered by BNM. The list only serves as a guide to members of the public based on information and queries received by BNM. Most of the company in the list are Illegal Foreign Exchange Trading Scheme and Illegal gold investment company. The company/individual listed as illegal because they're not an authorised dealer or has not obtained the permission of the Controller of Foreign Exchange under the Exchange Control Act 1953 (ECA). It is also illegal to trade foreign currency by a resident who is not an authorised dealer, with a person outside Malaysia, or by a resident who has not obtained the permission of the Controller of Foreign Exchange under the ECA.

illegal company

Illegal Investment Company under BNM:
1. 1globalcash
2. (
3. 3Sixty Venture Capital PLC (
4. Ace Global Sales & Services
5. Ace Dimension Network Sdn Bhd.
6. AE Group Holding Pte Ltd ( (201322498-D)
7. Agarwood Venture (002273031-A)
8. Agar Wood Chamber of Commerce Malaysia
9. Ajuwah Realty Sdn Bhd (966604-D)
10. Ajuwah Agencies Sdn Bhd (966604-D)
11. Ajuwah Consultancy
12. Alpari (Asian) Ltd
13. Al-Saliha Worlwide Sdn. Bhd. (628267-M)
14. Amazing Yields Sdn Bhd (891529-V)
15. Amethyst Gold Creation Sdn Bhd (951063-K) (
16. APS Asia Plantation Sdn Bhd (984575-T)
17. Arba Emas Perak (SA0280035-A)
18. Aruna Travel
19. Asas Seroja Sdn Bhd (357014A)
20. Ashnik Holdings (M) Sdn Bhd (1124601D)
21. Ashnik Trading (002369914-W)
22. Asialink Globe Capital (
23. Astral Progress Sdn Bhd (989294-K)
24. AU Niaga Sdn Bhd (907806-W)
25. AU79 International
26. Aurawave Marketing Sdn. Bhd (
27. Axis Capital Corporation Ltd (
28. Aziera Gold Enterprise (NS0133976-K)
29. BFS Markets
30. Binary Indulgence Sdn Bhd (963258-W)
31. Build Rich Mining Group Bhd (1006586-T) (
32. Build Rich Investment Group Ltd
33. Build Rich Group Holding
34. Build Rich Agrotech Berhad
35. Build Rich Enterprise
36. Bumi Klasik Warisan Enterprise
37. Capital Asia Group (M) Sdn Bhd (
38. Cash Deal Sdn Bhd (929192-K) (Boss Venture) (
39. Celik Emas Enterprise (0021517795-K)
40. Changkat Agro Resources (IP 0353991V)
41. CGF Fine Metal Sdn Bhd
42. Classic Worldwide Corporation (M) Sdn Bhd (773082M) ( (
43. CTK Network (
44. CybertrustFX
45. Dana Haji Jasman
46. Danatama Millennium Sdn Bhd (819082-U)
47. Darul Emas Perak Bhd (1053229-X)
48. DBB Star Sdn Bhd (1110055-M)
49. Degold Empire Sdn Bhd (882335-M)
50. Delta Wealth Services (002194713-K)
51. Destiny Resources Services
52. Dgreat Network (
53. Dinar Dirham Global (, (
54. DM Rise Enterprise (PG 0262929-H)
55. DNA Profile Sdn Bhd (245435-W)
56. Dream Success International Sdn Bhd (1002002-P) (
57. Dynamic Wira Marketing Sdn Bhd - Skim Beras 1 Malaysia
58. Dynasty Worldwide Sdn Bhd (800311-D) (
59. Eagle Aeronautics (M) Sdn Bhd (796603-A)
60. East Cape Mining Corp
61. Ecofuturefund (
62. Emgoldex (Emirates Gold Exchange)
63. Empire Five Trading (
64. Energetic Gateway Sdn Bhd (511826-X)
65. Epic Palms Bhd (
66. Everise Fumigation Sdn Bhd (861654-K) (
67. Exorbitance Influence Sdn Bhd (1191499-U) (
68. Exquisite Bottle Index Sdn Bhd (1060843T) (
69. Extra Capital Programme (
70. Ezey Marketing
71. E-Qirad Sdn Bhd (595699-D)
72. FA Markets
73. Family Wealth Resources (SA0310508-M)
74. Fari Group Global Resources (SA0319984-M)
75. FE Brands (M) Sdn Bhd (1000656-H)
76. Flexsy Enterprise & Barrilorne Corp
77. FNZ Capital Limited (
78. Fortrend International Sdn Bhd ( 876619-X)
79. (
80. Future Trade Indojaya Sdn Bhd (1003327-P) (
81. FxUnited Malaysia (myfxunited)
82. FXUnited Power Sdn Bhd (1146795-M) (
83. FXZN Zenith Limited (
84. FXZN Investment Limited
85. FXZN Zenith Management Limited
86. FX Primus Ltd (
87. Gain FX Capital Sdn Bhd (
88. Gan Patt Services
89. Ganding Wawasan Trading (TR0133766-A)
90. GGC Aqualculture Sdn Bhd (1044976P)
91. GGF Golden House Sdn Bhd (803753-W)
92. GGT Golds Sdn Bhd (547290-D)
93. Global Creation Trading
94. Global Golds Trading (JM0518201-W)
95. Global Peace Loving Family (
96. Global Venture Financing (
97. Global Wave Gold Corporation (
98. Gold Bullion World Sdn Bhd (1018604-A) (
99. Gorgeous Chain Sdn Bhd (841928-P)
100. Grand View Golden Success Sdn Bhd (638186-X) - Golden Maximum
101. Great Access Sdn Bhd (517965-X)
102. Green Buck Resources Sdn Bhd (851115-A)
103. Greenmillion Agrosolution Enterprise (
104. Green Forest Global Sdn Bhd (987049-P)
105. HAFX Global Venture Sdn Bhd
106. Harvest Reliance Consultancy Sdn Bhd (965589-W)
107. HEA Teguh
108. Hexa Commerce Sdn Bhd (645798-X)
109. HG Resources Sdn Bhd (HGR) ( ( (
110. HiFX Asia (HiFX)
111. Highway Group Resources ( ( (
112. Hin Huat Auto Sports (TR0005484-X)
113. Holiday Express Asia
114. Honest Group Ltd
115. Hupro International Inc
116. I & A Global Community Network
117. Iconhill Holding Sdn Bhd (810775-P)
118. IGC Diamond
119. Infinity Star International Sdn Bhd (851864-T)
120. Iridian Ventures PLT (LLP0002569-LGN)
121. IronFX Solid Trading
122. Instaforex
123. Instagroup Resources (JM0531870-X)
124. Isothree Gold Sdn Bhd (906561-K)
125. Inter Pasicfic Soyy Enterprise
126. Jalatama Management Sdn Bhd (929594-W) (
127. Jazlaan Enterprise
128. JM Communications & Technology Sdn Bhd (702054-V)
129. JMI Global
130. JTGold
131. Kelab Kebajikan dan Sosial Tun Teja Malaysia (
132. Kelab Kebajikan Sosial Malaysia (VVIP88)
133. Keenan Capital Group
134. Keenan Prestige Services (002095851-P)
135. Keenan Brilliant Services (002021597-V)
136. Khaira Sakinah Resources (CT0018249-R)
137. KL FxUnited Club
138. Kris Plus Enterprise (IP0238424-A)
139. Kudaemas (
140. Lestari2U (
141. Liberty Reserve (
142. Life Time Holidays Sdn Bhd (727129-U)
143. LocalAdClick (
144. (
145. LS Gold Bullion Sdn Bhd (235435-H)
146. Mari Wholesale (M) Sdn Bhd (556117-T)
147. Maxim Capital Ltd (
148. Maza Network Sdn Bhd (1006389-H)
149. McRen Oceanus Sdn Bhd (908484-X)
150. MD Venture Group Sdn Bhd (1058936U)
151. Meccafund Family Malaysia
152. Mecca Fund Global (MFG) ( ( (
153. Mega Dynasty Sdn Bhd (931589-V)
154. Megaherbs Bioextreme (001946380-K)
155. Megah Mewah Trading (SA0295909-A)
156. MGCfx (
157. MGC Capital Sdn Bhd (
158. MGSB Holding Sdn Bhd (
159. MH Secret Wealth Enterprise (NS0122059A)
160. Mi1 Global Sdn Bhd (1145697-X) (
161. Million Jade Sdn Bhd (
162. Miracle Day Trading (JR0047390-V)
163. Mohamad World Enterprise
164. MOP Consultant Sdn. Bhd (101867-W)
165. Mughniwave International Sdn. Bhd. (1163697-W) (
166. MX3 World Wide ((
167. My Cameron Hills Sdn Bhd (984170M)
168. Nexgain Malaysia Sdn Bhd (773854-D)
169. Next Generation Mall
170. Nory Motor (TR0023237-H)
171. Norry Setia Ent (TR0103958-M)
172. NTB Agencies dn Bhd (1039052-M)
173. Ocean Century International Limited (
174. OCI Management Sdn Bhd (1042036X) (
175. OCI Venture Sdn Bhd (1039926H) (
176. ODFX (
177. OLTA Capital Management Inc.
178. One AutoCash (
179. Orion Healthcare Management Services Sdn Bhd
180. Orion Prokasih (M) Sdn Bhd
181. Ostim Academy (002443002-A) (
182. Overseas Delight Sdn Bhd (614245-W) (
183. Pancar Mayang Sdn Bhd (527196-H)
184. Pars Pay Sdn Bhd (813378-V)
185. Pegasus Bullion (
186. Perfway Traders Sdn Bhd (918583-V) (
187.. Perniagaan Jatidana Wawasan (M) Sdn Bhd
188. Perubatan Islam Seiring Syariat Al-Ikhlas
189. Pioneer Forest Sdn Bhd (1069104M) ( (
190. Pok Din Consultance & Services (
191. Pok Din Empire Sdn Bhd (1130978-D) (
192. Power Trade Asia Sdn Bhd (933528-T) (
193. PPC Storm
194. Preferred Credentials Sdn Bhd
195. Premier Ventures Gold
196. Prestige Dairy Farm (M) Berhad (832757-A)
197. Profit Web Sdn Bhd
198. Program 10 Bulan Forex Trading
199. Program I-Rich
200. Pro Infinity Ltd (
201. Projek Duit 2012
202. Provisio Multimedia
203. Public Golden House Sdn Bhd (806825-M)
204. Puncak Hartawan Resources (0000097980-T)
205. Quantum Capital Program ( (
206. Ram Kris Venture (0024165647-K)
207. RCFX
208. RC Group
209. RC Group Sdn Bhd
210. Real Biz Pasif
211. Real Ingenious Sdn Bhd (926598-U) (
212. Rejab Trading (TR0115248-A)
213. Rejabwealth Sdn Bhd (1005424-X)
214. Reza Anuar Seven
215. Retro Titan Sdn Bhd
216. RGCX Trading Corp (
217. Rimbun Tekad Realty Sdn Bhd (966620-V)
218. Rimbun Tekad Consultancy Sdn Bhd (966620-V)
219. Rising Premium Sdn Bhd (285572-P)
221. (
222. RN Corporate Services Sdn Bhd
223. Rowther Technologies MSC Sdn Bhd (727979-T)
224. Royal Gold Sdn Bhd (1005830-X) (
225. Royale Team Groups (
226. RS Capital Holdings Bhd (819833-P)
227. Safeena Gold Gallery (IP0386035-U)
228. Sejati Agarwood Enterprise
229. Sera Land Mangement & Enterprise (JM0503206-P)
230. SGFM Trading Sdn Bhd (936419-V)
231. Slimberry Extreme Team (
232. Solar Bond Capital Sdn Bhd (1157972-A) (
233. Speedline (
234. Srgold Exchange Bhd (1033164-V) (
235. Sri Perkasa Emas Trading
236. Sri Chempaka Emas Enterprise (SA0293336-P)
237. Steady Dynasty Sdn Bhd (782270-H)
238. Steady Global Network Sdn Bhd
239. Suliz Pearl Mines
240. Suisse Coins Sdn Bhd (
241. Sweblink Global Network Sdn Bhd (209952-H)
242. Swiss Capital Venture
243. Syarikat Azza Motor Network Sdn Bhd (104795-P) ( (
244. Syarikat GECS Ltd
245. Syarikat Sri Alam
246. Tabung Dana Ehsan
247. Tanjung Trading (TR0123942-W)
248. Tenaga Setia Services (107239-P)
249. TG Reliance Sdn Bhd (1086255-A)
250. The Gold Guarantee
251. Titan Group Sdn. Bhd (823732-U)
252. TP Eagle Venture Sdn Bhd (114378-M) (
253. Trillion Venture (
254. Triple One Management Pte Ltd (T1FX) (
255. (
256. UER Gold (
258. Ultimate Power Profits (
259. United American Traders Council (
260. Uni Argrow (Cambodia) Co. Ltd ( (
261. Uncang Teguh Resources (0000102116-T)
262. Urustabil Sdn Bhd (545426-X)
263. VC Gold Sdn Bhd (722295-T)
264. Virgin Gold Mining Corporation
265. VenusFX (
266. Verger Management Services
267. Wadiah Trading (
268. Water World Marketing (CA0177161-P)
269. Westrank Equity Sdn Bhd (1046449-A)
270. Windsor Fragrance Sdn Bhd (599208-H)
271. World Dirham Berhad (970807-X)
272. Worldwide Community Programme (
273. WSL Merchants Pte Ltd (
274. Xcelent Job Trading (001971755P)
275. XOC7
276. YDS Corporate Line Sdn Bhd (877697-P) (
277. YDS Holding Groups Bhd (987797-T) (
278. Zenith Gold International Limited (ZGI) ( ( (
279. Zeta Capital Management
280. Zill Akasha Gemilang Enterprise
281. (

How the illegal investment company operate:
1) Illegal operators usually operate on a small scale and claim they can provide remittance services efficiently, without the need for any documents or identification. They rarely use documents to validate and verify the transactions. By engaging in these transactions, customers run the risk of being cheated and their funds may never reach its intended destination.

2) Illegal operators usually target job seekers by placing attractive advertisements to lure prospective employees to join the company, after which they use them to solicit for new investments. Most often, employees will be encouraged to approach their direct family, relatives and friends before targeting members of the public.

3) Illegal operators usually portray a professional and reputable image, a high-tech office layout and advanced IT facilities, such as a LCD screens displaying movements in exchange rates to provide the impression that a legitimate and real business is being conducted. These facilities are merely a false front.

4) Investors can either trade using their trading accounts with the company or through dealers appointed by the company. In some cases, investors are allowed to operate their accounts via the Internet.

5) Investors are also required to sign a business contract which is normally entered between the investors and a principal company overseas.

6) In most instances, the operators will inform the investors that they will have to send these contracts to its principal company overseas for signing. However, such contracts are usually left unsigned.

7) As such, in the event the investors are unhappy with future dealings and transactions, no action can be taken against the company as there is no binding contract between them.

8) Investors will usually get high returns on their initial investments. This will convince them to increase their investments in hopes of higher returns. Eventually, they will end up losing everything when the illegal operators suddenly go missing.

9) Investors who lose their money through purported volatility of exchange rate movements are informed by the illegal operators that they need to pay margin-call in order to recover their paper loss

10) The illegal operators may also encourage investors to increase their investment to try to recover their losses.

You can report directly to Bank Negara Malaysia via the following communication channels:

Call: 1-300-88-5465 (1-300-88-LINK)
Fax: 03-2174 1515
SMS to 15888: BNM TANYA [your report / query]

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Italy silver coin won 2017 COTY Award

Italy 10 euro silver coin issued to mark 70 Years of Peace in Europe has won the 2017 Coin of the Year (COTY) Award. The 10 euro coin also claim the title of Most Artistic Coin in the annual COTY competition.

2017 coty

Italy 10 euro - 70 Years of Peace in Europe silver coin reverse show a dove held by a feminine figure with the number “70” standing for the anniversary of peace.

The Italy 10 euro silver coin is issued as part of the 2017 EUROPA Star numismatic Programme. A panel of international judges chooses the coins dated 2015 for the award. It will be given the trophy Feb. 4 at the World Money Fair in Berlin.

Winners of the 2017 COTY 10 categories were announced in the Jan. 3 issue of Numismatic News and the January issue of World Coin News. Trophies for all 10 will also be given Feb. 4.

It was from this field of 10 first-round winners that a second round of judging occurred to determine the Coin of the Year.

Krause Coin of the Year Award has come to symbolize the highest achievement in international numismatic design, artistic vision, and craft smanship.

Created in 1984, the COTY Award has been given by World Coin News to recognize the best of the coiner’s art and to encourage world mints to continue to challenge themselves in creating these great numismatic works.

World Coin News is a monthly periodical dedicated to collecting international coinage and is a sister publication to Numismatic News.

Source: Numismatic News
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Wednesday, January 4, 2017

2017 Coin of the Year Awards category winners

Krause Publications announced the 2017 Coin of the Year Awards (COTY) category winners, Finland and the United States were the top winners in the first round of judging in the Coin of the Year competition.

Each nation won two of the 10 categories. While Italy, Japan, Great Britain, Austria, Canada and the Cook Islands each won in a single category.

2017 coty

The COTY Awards are sponsored by World Coin News, the World Money Fair and The Journal of East Asian Numismatics.

All coins in the contest are dated 2015.

Best Bi-Metallic Coin:
Lapland reindeer
Finland 5 Euro - Lapland reindeer

Best Silver Coin:
70 year peace
Finland 10 euro 70 year peace after World War II

Best Circulating Coin:
Kisatchie National Forest
America the Beautiful quarter honoring the Kisatchie National Forest

Most Inspirational Coin:
Salk polio vaccine
March of Dimes silver dollar honoring the 60th anniversary of the Salk polio vaccine

Most Artistic Coin:
70 Years of Peace
Italy 10 euro— 70 Years of Peace in Europe

Best Contemporary Event Coin:
Japan Earthquake
Japan 10,000 yen marking the Great East Japan Earthquake Reconstruction

Most Historically Significant coin:
In Flanders Fields
Canada $20 silver 100th anniversary of In Flanders Fields

Best Crown:
Winston Churchill
Great Britain 5 pound— Death of Winston Churchill ~ 50th Anniversary

Best Gold Coin:
Austria 100 euro Capercaille

Most Innovative Coin:
space-time continuum
Cook Islands $2 that represents the space-time continuum

From these 10 winning coins, an international panel of judges will select the Coin of the Year.

The COTY and the category winners will be given their trophies Feb. 4, 2017, at the World Money Fair in Berlin.

Created in 1984, the COTY Award has been given by World Coin News to recognize the best of the coiner's art and to encourage world mints to continue to challenge themselves in creating these great numismatic works.

Source: Numismatic News.
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Saturday, December 31, 2016

How big is world largest banknote?

This year (2017), there are rumors that Bank Negara Malaysia (BNM) is planning to break the world largest legal tender banknote record. The current record holder is a 100,000 Philippine piso banknote issued on 22 May 1998 by the Central Bank of Manila.

100,000 piso

According to Guiness Book of world Records website, the banknote measuring 22 x 33 cm (8 ½ x 11 in) printed by Giesecke Devrient of Munich, Germany. Only 1,000 pieces were issued to commemorate The Centennial of Philippine Independence in 1998. The record holder is Giesecke Devrient, GMBH; place in Munich, Germany and the record were made on 22 May 1998.

The banknote was offered to collectors by the Central Bank in 1998, who could purchase one of the limited-edition notes for 180,000 pesos, or about RM16,596 (US$3,700).

paper size

How big is the current world largest banknote? If you look at the measurement it is 22 x 33 cm (8 ½ x 11 in) and if you compare it with a paper size, it is slightly bigger then a A4 paper size 21 x 29.7 cm (8.3 x 11.7 in).

If Bank Negara Malaysia (BNM) issued the new banknote larger then a A4 size paper, the main problem will be the folder to keep the banknote. Hopefully, they will sell the banknote complete with a folder that can make sure there is no foxing in the future.

The price for the proposed RM600 banknote for 60 years Merdeka hopefully will not exceed RM1000, if you compare with the 100,000 Philippine piso, they only sell it for 180,000 piso.

Yeah, the RM600 denomination is small for a big size banknote that they're planning to make. Maybe BNM think of the price that can be paid by Malaysian collectors or maybe they just want to auction them, like the ping pong copper coins.

For record, last time Malaysian have a commemorative banknotes is in 2007, a 50 Ringgit Merdeka edition banknote with only 20,000 pieces produced in a special Merdeka edition folder. The banknote design is the same as the RM50 banknote in circulation.

Good luck to BNM and we collectors can just hope BNM could let collectors buy them at a reasonable price instead of auctioned the Malaysian Largest legal tender banknote.

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